Word: avoiding
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Dates: during 1920-1929
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...ways of escape from the surtaxes, which are many and well known, all lead to the same end, the reduction of taxable net income. Among them may be mentioned the use of corporation and be mentioned the use of corporations and trusts to avoid payment of surtaxes directly, or by dividing income; the division of property among members of the taxpayer's family by gifts inter vivos; the taking of losses on capital investments in such fashion and at such times as to accomplish a maximum reduction of taxable income; the exploitation of certain features of the law such...
...with invitations from communities and individuals that wish the President to visit them on his tour through the country this summer. The number of invitations is so embarrassing that the refusal of President Harding to state definitely that he will make the trip is attributed to his desire to avoid further invitations...
...bonus likely to pass. This will call for much additional revenue. If any tax tinkering is undertaken, the LaFollette group will use every means to amend the bill by adding excess profits taxes, and larger income surtaxes. This result Senator Smoot and the regular Republicans are anxious to avoid. To meet the bonus, if it comes, regular Republicans will want every cent that is now being raised-they will want more, in fact, and even talk of using the British Debt payments for the purpose. But at all costs they want to avoid tinkering with the tax laws...
...regulations give rise to some delicate international questions. Government officials, anxious to avoid complications, may be expected to draft the new regulations " with discretion." Theoretically a ship carrying liquor, bound for example, from the Bermudas to Canada, would, if its course should chance to come within the three mile limit of the United States, be subject to seizure for illegal importation and transportation of liquor. It is understood, however, that no seizures of foreign vessels will be made; that at most the liquor will be confiscated and certain other penalties imposed. Besides, foreign ships will be allowed to bring into...
Signer di Vecchi resigned in order to avoid embarrassing Premier Mussolini. The trouble was born in a speech that Veechi made in Turin about three weeks ago, in which he said: " Everything could be put right in Italy with half an hour's martial law and half a minute's rifle shooting...